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Sreenivasan Subramanian
''Further tricks with the Lorenz curve''
( 2019, Vol. 39 No.3 )
The present note is the third in a series that deals with simple manipulations of the Lorenz curve intended to cast light on this or that aspect of the measurement of inequality. In this note, a procedure is outlined for ‘adjusting' the Gini coefficient of inequality for the skewness of the Lorenz curve, and for similarly ‘adjusting' the so-called ‘Kolkata' index of inequality, as well as the Lorenz curve itself, in such a way that the inequality orderings of distributions induced by these adjusted measures and the adjusted Lorenz curve are equivalent.
Keywords: Lorenz Curve, Pseudo-Lorenz Curve, Gini Coefficient, Kolkata Index, Skewness
JEL: D3 - Distribution: General
D6 - Welfare Economics: General
Manuscript Received : Apr 23 2019 Manuscript Accepted : Jul 07 2019

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